Fortune 500 Financial Institution Selects Datawatch For Enterprise Content Management Analytics

  Fortune 500 Financial Institution Selects Datawatch For Enterprise Content
                             Management Analytics

Second Major Financial Institution Replaces DocuAnalyzer with Datawatch

PR Newswire

CHELMSFORD, Mass., March 19, 2013

CHELMSFORD, Mass., March 19, 2013 /PRNewswire/ --Datawatch Corporation
(NASDAQ-CM: DWCH), the leading global provider of information optimization
solutions, today announced that a second Fortune 500 financial institution in
less than a month has selected Datawatch to deliver on-line analytics for its
enterprise content management solution. For years, organizations have
utilized enterprise content management systems to store and archive vast
amounts of valuable business documents and reports related to operations,
customers and suppliers. These enterprise content management systems, which
could be described as the "original Big Data systems," hold a tremendous
amount of analytical value. Over the last several years, as the trends for
faster results and improved decision-making have accelerated, organizations
looking to leverage this valuable asset are turning to Datawatch to provide
the technology to unlock this value. This major financial institution chose
Datawatch Monarch Professional to replace ASG Software Solutions' DocuAnalyzer
in order to modernize the solution and extend the value available from the
information stored in its legacy Mobius ViewDirect content management system.

(Logo: http://photos.prnewswire.com/prnh/20121015/NE92833LOGO )

"With all the focus on using Big Data sources, the interest in leveraging the
value of the terabytes of information locked in enterprise content management
systems is exploding," said Ben Plummer, Chief Marketing Officer and Senior
Vice President, Strategic Alliances for Datawatch. "We have seen this
increasing interest not just from customers, but also from the major
enterprise content management vendors and implementation partners as well.
With this recent win, our customer not only recognized the added value that
Datawatch Monarch Professional provides over DocuAnalyzer, but positioned
itself to migrate from the legacy ASG Mobius ViewDirect platform in the
future. Since Datawatch provides the same robust analytics across all
enterprise content management systems, and works with leading enterprise
content management systems from major vendors such as IBM, EMC, Open Text,
Perceptive and Hyland, Datawatch can provide this Fortune 500 financial
institution a transition path to a more modern enterprise content management
store without needing to retrain their users or reinvest in new technology. "

DocuAnalyzer or Mobius ViewDirect customers that are exploring alternatives
can contact Datawatch by email at sales@datawatch.com or by calling
1-978-275-8222 to learn more about the latest features and support options for
the current version of Monarch Professional, as well as upgrade paths from
DocuAnalyzer and Mobius ViewDirect.

ABOUT DATAWATCH CORPORATION
Datawatch Corporation (NASDAQ-CM: DWCH) is a leader in providing information
optimization products and solutions that allow organizations to deliver the
greatest data variety possible into their big data and analytic applications.
Datawatch provides organizations the ability to integrate structured,
unstructured, and semi-structured sources like reports, PDF files, and EDI
streams into these applications to provide a 360 degree perspective of the
issues and opportunities that exist in their businesses. More than 40,000
organizations worldwide use Datawatch's products and services, including 99 of
the Fortune 100, and businesses of every type can benefit from the power and
flexibility of Datawatch's industry leading solutions. Datawatch is
headquartered in Chelmsford, Massachusetts with offices in London, Munich,
Singapore, Sydney and Manila, and with partners and customers in more than 100
countries worldwide. For more information, visit www.datawatch.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995
Any statements contained in this press release that do not describe historical
facts may constitute forward-looking statements as that term is defined in the
Private Securities Litigation Reform Act of 1995. Any such statements,
including but not limited to those relating to results of operations,
contained herein are based on current expectations, but are subject to a
number of risks and uncertainties that may cause actual results to differ
materially from expectations. The factors that could cause actual future
results to differ materially from current expectations include the following:
risks associated with the continuing weak global economy; risks associated
with fluctuations in quarterly operating results due, among other factors, to
the size and timing of large customer orders; the volatility of Datawatch's
stock price; limitations on the effectiveness of internal controls; rapid
technological change; Datawatch's dependence on the introduction of new
products and possible delays in those introductions; competition in the
software industry generally, and in the markets for information optimization
in particular; Datawatch's dependence on its principal products, proprietary
software technology and software licensed from third parties; risks associated
with international sales; risks associated with indirect distribution
channels; the adequacy of Datawatch's sales returns reserve; risks associated
with a subscription sales model; risks associated with acquisitions, including
the recent acquisition of intellectual property from Math Strategies;
Datawatch's dependence on its ability to hire and retain skilled personnel;
disruption or failure of Datawatch's technology systems that may result from a
natural disaster, cyber-attack or other catastrophic event; and uncertainty
and additional costs that may result from evolving regulation of corporate
governance and public disclosure. Further information on factors that could
cause actual results to differ from those anticipated is detailed in various
publicly-available documents, which include, but are not limited to, filings
made by Datawatch from time to time with the Securities and Exchange
Commission, including but not limited to, those appearing in the Company's
Annual Report on Form 10-K for the year ended September 30, 2012 and Form 10-Q
for the quarter ending December 31, 2012.Any forward-looking statements
should be considered in light of those factors.

Investor Contact:
Datawatch Investor Relations
investor@datawatch.com
Phone: (978) 441-2200 ext. 8323

Media Contact:
Sarah Bernardi
Datawatch Corporation
Sarah_Bernardi@datawatch.com
Phone: (978) 441-2200 ext. 8387
Twitter: @datawatch

© 2013 Datawatch Corporation. Datawatch, Monarch and their respective logos
are trademarks or registered trademarks of Datawatch Corporation in the United
States and/or other countries. All other names are trademarks or registered
trademarks of their respective companies.

SOURCE Datawatch Corporation

Website: http://www.datawatch.com
 
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